The Porn Dude

The invasion of tax exempt Countries.

80watts

Well-known member
May 20, 2004
3,340
1,265
113
Victoria
Like Grenada in the 80's, the western world will invade the tax haven's of the Carribean. Put in new laws for taxes, especially companies and individuals who hide behind tax free laws of the Carribean. Bermuda hides big corportions like Apple, who can hide up to 50 Billion dollars in profit/year.
When this happens alot rich people are going to get fucked.
 

oldshark

Well-known member
Dec 15, 2019
1,902
3,677
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When it comes to tax havens, the laws of the US are structured so that you can hide a lot of money and avoid a lot of taxes. Just need a good accountant. Invading the US would be a stretch, at least at this moment although a re-elected Trump would make it easier :LOL:
 

80watts

Well-known member
May 20, 2004
3,340
1,265
113
Victoria
I do believe that in Canada, people have to delcare owning foreign content (money and investments). In the US rich corporations and people hide money from thier government, which causes unfair advantage for them over other citizens. And really, governments are going to be looking for other revenue schemes, finding cheats is only fair. I was watching a documentary which mentions the Apple case.
 
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